GST Help   Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
GST - Acts SGST - Acts GST - FAQ GST Rates, Exemption CGST Notif. IGST Notif. Exempt Income Salary income
Extracts
Home List
← Previous Next →

Amendment of section 10.

Clause 6 - Bill - DIRECT TAXES - Income-tax - Bill - Clause 6 - 6. In section 10 of the Income-tax Act,- (a) in clause (4), in sub-clause (ii), in the proviso, for the word, brackets and letter clause (q) , the word, brackets and letter clause (w) shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 2013; (b) after clause (12A) [as inserted by section 7 of the Finance Act, 2016 (28 of 2016)], the following clause shall be inserted with effect f .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

use (23C),- (I) after sub-clause (iiiaaa), the following sub-clause shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 1998, namely:- (iiiaaaa) the Chief Minister s Relief Fund or the Lieutenant Governor s Relief Fund in respect of any State or Union territory as referred to in sub-clause (iiihf) of clause (a) of sub-section (2) of section 80G; or ; (II) after the eleventh proviso, the following proviso shall be inserted with effect from the 1st da .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ll not be treated as application of income to the objects for which such fund or trust or institution or university or educational institution or hospital or other medical institution, as the case may be, is established: ; (d) after clause (37), the following clause shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 2015, namely:- (37A) any income chargeable under the head Capital gains in respect of transfer of a specified capital asset arising to .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

rules, regulations and Schemes made under the said Act. Explanation.-For the purposes of this clause, specified capital asset means,- (a) the land or building or both owned by the assessee as on the 2nd day of June, 2014 and which has been transferred under the scheme; or (b) the land pooling ownership certificate issued under the scheme to the assessee in respect of land or building or both referred to in clause (a); or (c) the reconstituted plot or land, as the case may be, received by the ass .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version